Unions postpone tool down | india | Hindustan Times
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Unions postpone tool down

india Updated: Jun 15, 2011 01:00 IST
Eshani Mathur
Eshani Mathur
Hindustan Times
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Workers in at least 65 factories, who had promised to support the ongoing strike at Maruti Suzuki’s Manesar plant, postponed their two-hour-long ‘tool down’ to Wednesday.

The decision came after Haryana chief minister Bhupinder Singh Hooda assured a positive result. Labour department officials, Maruti officials and the workers held talks on Tuesday. The unions decided to postpone the 'tool down' after the meeting.

“The chief minister asked us to call of the strike as it will affect other industries. So we postponed it. Our decision now depends on the outcome of the meeting to be held again,” said Suresh Gaur, president, Honda Trade Union.

On Monday, a meeting among the government, Maruti management and the workers failed to reach an agreement. The company had refused to accept any new union at the plant.

The company has suffered a loss of over R400 crore, and its shares are trading at 0.87%, down at R1,216.95 per share in the BSI on Tuesday morning.